Daily forecast for 21st June. Block busters are #chambel #vedl #aarti

PARTHASARATHY R S
20 Jun 202413:20

Summary

TLDRIn this video, the speaker discusses a strategy for identifying market trends and capturing momentum, highlighting a significant 20% move in Chumble. They emphasize the importance of understanding time cycles and price elements to predict market movements, using Chumble as a case study. The speaker also introduces a simple method for trend analysis, advocating for emotional detachment from the market and sharing insights on how to trade effectively using time-based and price-based signals. They conclude with a reminder to practice and consult financial advisors before making investment decisions.

Takeaways

  • πŸ“… The speaker predicts a sideways market movement for Nifty on the 26th of the year 2024, but instead observes a significant 20% move in the stock 'Chumble'.
  • πŸ“Š The speaker emphasizes the importance of understanding time elements and price elements in trading, along with identifying patterns to catch market momentum.
  • πŸ“‰ A simple strategy is introduced for trading, which involves using time cycles and trend lines without emotional involvement in the market.
  • πŸ“ˆ The speaker shares a specific example of trading 'Chumble' by buying above a certain price level with a predefined stop loss, highlighting the importance of sticking to the trade plan.
  • πŸ”’ The concept of 'time cycle' is explained with a specific date's high and low being valid for a year, suggesting a method to predict market movements based on historical data.
  • πŸ“ The speaker demonstrates how to connect recent highs and lows to predict trend changes, using the example of 'Chumble' and a 237 bar cycle.
  • πŸ“‰ The importance of not letting emotions drive trading decisions is stressed, and the speaker shares their experience of exiting positions and managing risk.
  • πŸ“Š The speaker discusses the use of 'Fortune signals' in 5-minute charts for trading decisions, indicating a method to enter and exit trades based on specific signals.
  • πŸ“ˆ A detailed explanation is provided on how to identify potential trades using a number system that focuses on the difference between two numerical indicators.
  • πŸ“… The speaker mentions specific dates as 'Mega dates' for certain stocks, suggesting these dates are critical for significant market movements.
  • πŸš€ The speaker concludes by advising viewers to practice mind management to trade without emotions and to use simple time cycles effectively for capturing market momentum.

Q & A

  • What was the speaker's prediction for Nifty on the 26th of 2024?

    -The speaker predicted a sideways move for Nifty due to certain calculations, but the prediction did not come true as they had to exit an option trade twice based on timing with a stop loss of 12 points.

  • What was the significant event that occurred with 'Chumble' as mentioned in the script?

    -Chumble experienced a phenomenal move of 20%, which was not only limited to Chumble but also affected other fertilizer companies, indicating a broader market trend.

  • What is the speaker's approach to teaching trading strategies?

    -The speaker emphasizes the importance of understanding the time element, adding the price element, and recognizing patterns in trading. They advocate for simple methods and maintaining emotional detachment from the market trends.

  • What is the 'time cycle' mentioned by the speaker, and how is it used in trading?

    -The time cycle is an advanced trading concept taught by the speaker, which involves identifying significant dates for stocks and using the high and low prices of those dates for a year to make trading decisions.

  • How does the speaker suggest traders should react to the market trend?

    -The speaker suggests that traders should be with the trend without any emotion, which is considered the billion-dollar question in the market. They stress the importance of being able to manage one's emotions while trading.

Outlines

00:00

πŸ“ˆ Sideways Market and Simple Strategy Explained

The speaker starts by discussing the market movement on June 26, 2024, particularly focusing on the Nifty index's sideways movement and a stop loss hit. They then highlight a significant 20% movement in Chumble and other fertilizer companies. The speaker introduces a simple strategy to capture such momentum without needing complex methods. Key elements include understanding time and price patterns, and how to trade with the trend without emotions. An example is provided with Chumble, explaining a significant date, high, and low points, and how these can be used to predict market trends.

05:01

πŸ” Detailed Analysis of Chumble Stock Movement

Continuing from the previous discussion, the speaker delves into Chumble's stock, explaining an advanced time cycle technique to predict market moves. They illustrate a method to connect recent highs and lows and how the difference between these points indicates trend changes. The speaker emphasizes the importance of marking high and low points and observing candle closures to decide entry points and stop-loss levels. They explain how Chumble's stock followed this method, resulting in significant gains. The speaker also touches on how the 14th of June was a critical date for Chumble, reinforcing the importance of understanding time cycles.

10:03

πŸš€ Capturing Momentum and Tomorrow’s Market Predictions

The speaker shifts focus to practical trading techniques using Fortune signals in a 5-minute timeframe. They explain why Chumble was on their radar due to narrow price differences and time elements. Detailed observations of market behavior on specific dates are discussed, showing how understanding time and price elements led to successful trades. They also touch upon predictions for the upcoming market movements, highlighting a combination date on June 21, discussing inside bar patterns in Nifty and Bank Nifty, and sharing specific stock picks like Ry Industries and Chumble. The speaker expresses confidence in their strategy while advising caution and thorough analysis before making trading decisions.

Mindmap

Keywords

πŸ’‘Sideways Move

A 'sideways move' in the context of the video refers to a situation in the stock market where the price of a security or index moves horizontally over a period of time, indicating no significant upward or downward trend. The speaker mentions that despite predictions of a sideways move in Nifty due to certain calculations, a significant move occurred in a different stock, illustrating the unpredictability of the market.

πŸ’‘Stop Loss

A 'stop loss' is a tool used in trading to limit an investor's loss on a position and to exit the market when the price of a security reaches a certain point. In the script, the speaker mentions that their stop loss of 12 points was hit on an option, indicating that the market moved against their position, triggering the stop loss and closing the trade to prevent further losses.

πŸ’‘Momentum

In trading, 'momentum' refers to the rate of change of an asset's price. A stock with high momentum is experiencing rapid price movement, either up or down. The speaker discusses a strategy to catch stocks with high momentum, such as the 20% move in 'chumble' (possibly a mispronunciation or shorthand for a stock or sector), emphasizing the importance of identifying and capitalizing on these swift market changes.

πŸ’‘Time Element

The 'time element' in the context of the video is related to the timing of trades and market movements. The speaker mentions a specific date, the 14th, as a 'big date' for a particular stock, suggesting that certain dates can be significant for predicting market movements. This concept is part of a broader strategy to time trades effectively based on historical patterns and cycles.

πŸ’‘Price Element

The 'price element' pertains to the price levels at which trades are executed or decisions are made. The speaker discusses the importance of understanding price levels in conjunction with the time element, using the difference between a stock's high and low as a basis for predicting trend changes and making trading decisions.

πŸ’‘Pattern

A 'pattern' in the video refers to recognizable shapes or trends in the price movements of stocks or indices. The speaker talks about identifying and confirming patterns as a part of their trading strategy, suggesting that patterns can provide insights into potential future price movements and can be used to time trades.

πŸ’‘Trend

A 'trend' in trading is the general direction in which prices are moving. The speaker emphasizes the importance of being 'with the trend' without emotion, meaning that traders should follow the direction of the market rather than letting personal feelings influence their decisions. This is crucial for capturing significant market moves.

πŸ’‘Mega Date

The term 'mega date' is used by the speaker to denote a particularly significant date for a stock or market, based on their analysis or strategy. The 14th of June is referred to as a 'mega date' for 'chumble,' indicating that it was expected to be a day of significant price movement, which is part of the speaker's time cycle analysis.

πŸ’‘Fortune Signals

'Fortune Signals' appears to be a specific trading tool or indicator mentioned by the speaker. It is used to identify buy or sell opportunities in the market, as illustrated by the speaker's reference to a buy signal given for a stock on the 5-minute time frame, which led to a profitable trade.

πŸ’‘Inside Bar Pattern

An 'inside bar pattern' is a technical analysis term referring to a candlestick pattern where a smaller candle is completely contained within the previous larger candle's range. The speaker mentions this pattern in the context of Nifty and Bank Nifty, suggesting its use as a signal for potential market direction.

πŸ’‘Seasonality

In the video, 'seasonality' refers to the tendency of certain stocks or sectors to perform well at certain times of the year. The speaker mentions that they have identified stocks for the upcoming month of July based on seasonality, indicating that some stocks may have predictable performance patterns related to the time of year.

Highlights

The date 26, 2024, and the time around 8:30 PM were identified as significant for market analysis.

A sideways move in Nifty was predicted based on certain calculations, but it did not materialize.

A 20% phenomenal move in Chumble was observed, along with a strong performance in fertilizer companies.

Introduction of a simple strategy to catch market momentum without the need for complex courses.

Emphasis on the importance of understanding the time element and price element in trading.

The concept of being with the trend without emotion is highlighted as crucial for market success.

A specific date, the 14th, is identified as a 'big date' for Chumble with actionable trading levels provided.

The use of a time cycle strategy is discussed, with the date high and low being valid for a year.

A method to predict trend changes every 237 bars using historical data is introduced.

The importance of marking highs and lows for trading decisions is explained.

A detailed example of trading Chumble using a specific date and price action is provided.

The use of Fortune Signals and the number system for trading decisions is discussed.

Transcripts

play00:00

hi friends good evening today it is 26

play00:02

2024 and the time is roughly around 8:30

play00:05

and clearly mentioned that today it's

play00:08

going to be a sideways move uh in Nifty

play00:11

uh because of certain calculation

play00:12

exactly nothing happened and we tried

play00:14

twice based on the timing but our stop

play00:16

loss of 12 points got hited an option

play00:20

but the phenomenal move happened in

play00:22

chumble what a move today of 20% not

play00:26

only chumble uh everything rocked all

play00:28

the fertilizers companies came IAL

play00:30

companies were literally literally

play00:32

rocking and today I will teach you one

play00:34

simple strategy on how to catch all

play00:36

these you know momentum I used to do

play00:38

this in my introduction webinar uh for

play00:41

my people uh I will show you today very

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simple see you don't need big Gan uh you

play00:47

know course and all to make money simple

play00:50

simple Gan methods will give you wonders

play00:53

we'll do wonders actually what you need

play00:55

to understand is after understanding the

play00:58

time element then add the price element

play01:01

then the pattern once the pattern is

play01:03

confirmed you can go with it okay you

play01:06

can go with it that is what you need to

play01:07

need you need to know and how to be with

play01:10

the trender without any emotion is what

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needed many people doesn't teach this

play01:15

they'll only say you know time cycle is

play01:17

there time cycle is there but how to be

play01:19

with the trend without any emotion is

play01:21

the billion dollar question when it

play01:23

comes to Market anybody can find time

play01:25

cycle anybody can find time cycle people

play01:28

those who don't know anything about the

play01:30

Market also they can also come with the

play01:31

time cycle but how to be with the trend

play01:34

without any emotion is the biggest

play01:36

question to capture this kind of big

play01:39

move in the market so now let's go and

play01:42

see that first we will go to

play01:47

chamble so we clearly mentioned that

play01:51

14th is a very big date for

play01:55

chumble and the high is 437 low is 426

play02:00

buy Above 437 stop loss 426 and be with

play02:04

the trade this is the master date for uh

play02:07

you know chal and this date high and low

play02:10

is valid for an year this date high and

play02:12

low is valid for an year okay so now

play02:17

this is first thing which is a very

play02:18

Advanced you know time cycle which I

play02:20

teach in my course but if I go to the

play02:23

simple if I go to the simple

play02:26

thing uh yeah this is very simple

play02:30

simply take the recent

play02:33

high and connect with the recent

play02:37

low for example if I if I do that I go

play02:40

to cyclic line connect this ey and

play02:44

connect this

play02:45

low so I Mark the high and I Mark the

play02:49

low and if you take the difference

play02:51

between these

play02:53

two it is 237 bars

play02:57

237 bars so it says that every 237 bars

play03:02

from here there will be a trend change

play03:05

nothing but history repeats itself

play03:08

history repeats itself so now if I go

play03:10

and check that 237

play03:14

bar if I go and put that

play03:17

here so I got the exact this date which

play03:21

is the 227 bar so now how to trade this

play03:25

very simple Mark the high

play03:30

and mark the

play03:36

low that's all so now what happened none

play03:39

of the candle closed

play03:40

below it closed above it gave a

play03:43

retracement take a entry stop loss is

play03:46

roughly around 30 rupees from here and

play03:50

the market went up exactly this was the

play03:52

fourth low uh where the market fell very

play03:54

badly 13% and it exactly touched that

play03:58

low of that candle which is

play04:00

334 and from there the move started and

play04:04

obviously this is the Mega day which is

play04:06

14th June which is 14th June because I

play04:09

told my I tell my guys that uh if you go

play04:13

to chamble

play04:16

chumble uh one second yeah tomorrow

play04:20

chumble big

play04:23

day tomorrow chamble big day because of

play04:27

this massive massive massive date this

play04:30

is the massive massive date so now after

play04:33

this you got a phenomenal move uh you

play04:36

know in chumble yesterday we bought with

play04:38

6 rupees stoploss and today it is

play04:40

rewarded us so even if you do this you

play04:42

can simply after predicting the time you

play04:45

can simply use your trend line method

play04:47

whatever method you want to use you can

play04:48

use or you can use even if you want you

play04:51

know uh uh this one trend line or

play04:54

whatever uh you know rounding pattern

play04:56

you can use do whatever you want to use

play04:58

but this is the time element this is the

play05:01

time element which will you know have a

play05:04

say and this is the miracle date for

play05:07

jumble and it has given a phenomenal

play05:09

move so now this is in Daily so now

play05:11

let's go to 5

play05:14

minutes so once you understood the time

play05:17

element now we need to enter and to stay

play05:20

with the market so now if you go here

play05:24

and if you click my fortune signals in 5

play05:27

minutes it has given a buy and why

play05:30

chamble was in our radar why chamble was

play05:32

in our radar always understand this so

play05:34

now this is the number system see once

play05:36

you understood the time element we need

play05:38

to understand the price element the

play05:40

price element is

play05:42

here why price element when why this

play05:45

talk to this month because whenever the

play05:48

difference between this two number is

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narrow it will come in our radar to

play05:54

trade it will come on our radar to trade

play05:56

so that is why we normally say that the

play05:58

stocks to be concentrated from the

play06:02

top this is the sixth stock which we

play06:05

need to concentrate this is the sixth

play06:07

stock which we need to concentrate based

play06:09

on time based on price and based on

play06:14

other method if you go here chumble it

play06:16

is having 26 combination for this

play06:20

month 26 combination of for the month so

play06:23

uh you know chumble based on the time

play06:26

element based on the mega time element

play06:28

and based on the price where you know

play06:30

the difference is between only one rupe

play06:32

and it will give you phenomenal

play06:34

phenomenal move in that particular

play06:37

counter all these we can identify one

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month before and to for July month we

play06:43

already have a stock to trade July month

play06:46

we already have a stock to trade and we

play06:47

already identified 12 11 bullish

play06:49

counters in the two bullish counters are

play06:52

going to give a phenomenal move based on

play06:54

the seasonality so now once you

play06:55

understood this simply go to Fortune

play06:57

signals it has given a G by

play07:00

year it has given a G by year on 5th

play07:05

June on 5th June and it went and touched

play07:08

that

play07:09

number rejected came down took the

play07:12

support here at the blue again went up

play07:15

then once the number crossed once the

play07:18

number crossed there is no looking back

play07:21

in 5 minutes time frame so there is no

play07:24

gel here only on the gel you need to

play07:26

exit but there is no gel here and it has

play07:29

given given you phenomenal move and

play07:31

yesterday last we took the position

play07:34

yesterday uh somewhere

play07:37

here and it has given a massive massive

play07:41

move today so the number has to converge

play07:44

to the core the time has to come once

play07:47

the time comes it gives explosion even

play07:50

in 1 minute time frame or if you go to

play07:52

one day time frame this is the one day

play07:54

time frame so last time if you go

play07:57

here this G it gave a buy here at 280

play08:00

and it went up came down touch the blue

play08:04

here where you need to buy and this is

play08:06

we call it as a s up when all the three

play08:08

combines together the move will start

play08:11

and it started again it gave a magical

play08:13

candle and today it is went like a

play08:16

rocket and even in 1 minute time frame

play08:18

if you take uh

play08:21

positional 1 minute time

play08:27

frame Okay so the bike came here

play08:32

at the bike came here at uh 430 and

play08:37

after that there is no even if you see

play08:40

this candle the red color candle none of

play08:42

the candle closed below none of the

play08:45

candle closed to Below in 1 minute time

play08:47

frame and again it went up went up went

play08:51

up all that happened and again

play08:55

today you know if you go here uh this

play08:59

this one there is no cell

play09:03

here and this was the cell G cell came

play09:06

here but again none of the candle

play09:09

closed below

play09:12

this so what you need to do once any

play09:15

candle closes above take the retracement

play09:17

stop loss below this candle so if you

play09:19

take the stop loss uh it is roughly

play09:21

around uh uh you know uh 1 and A2 rupees

play09:26

for 1 and A2 rupees it has given you

play09:28

roughly around 60 rupees this is where

play09:30

we entered yesterday this is where we

play09:32

entered Yesterday by putting a stop loss

play09:34

of 6 rupees by taking some other

play09:36

consideration and uh today it has

play09:39

rewarded us like anything so buy Above

play09:41

This candle stop- loss below this candle

play09:44

and enjoy the profit because this is a

play09:47

fake sell any candle doesn't close below

play09:51

this candle low it is called fake sell

play09:56

it is nothing but the Trap will happen

play09:59

from here and you got a phenomenal move

play10:02

today and it went like a

play10:06

rocket after

play10:10

that it went like rocket after that in 1

play10:13

minute time frame no sell after that so

play10:15

this is how you need to capture the

play10:17

momentum I can show 10,000 stocks like

play10:18

this anyway not a problem let's go to

play10:21

tomorrow uh

play10:23

PBT okay so again uh you know that it's

play10:27

a combination date uh 20 and uh 21 and

play10:29

today we got a inside bar pattern today

play10:32

we got a inside bar pattern in Nifty and

play10:34

Bank Nifty Bank Nifty is looking little

play10:35

okay but Nifty is literally literally

play10:37

struggling so tomorrow again is know is

play10:40

a solar date uh which is people call it

play10:42

as a b Gan date so use it wisely first

play10:45

15 minutes high and low will do the

play10:46

magic in Nifty and Bank Nifty and again

play10:50

Nifty is not able to cross this number

play10:51

Bank Nifty is doing extremely well

play10:54

extremely well and today our pick was Ry

play10:58

Industries

play10:59

what a move today in arti Industries and

play11:01

chumble as well as VL chamble as well as

play11:04

VL okay so inside bar pattern use it

play11:07

wisely in the index and uh coming to the

play11:09

numbers nothing to worry about it

play11:11

nothing to worry about it and uh let's

play11:13

see whether uh Nifty is going to touch

play11:15

this level tomorrow t this level

play11:18

tomorrow and again you know break below

play11:21

this break below this there will be a

play11:22

pain so let's watch maybe break below

play11:25

this it may even come and try to touch

play11:27

this number okay Bank Nifty nothing to

play11:30

worry about it and as I already told you

play11:32

that we are waiting to see another uh

play11:35

this

play11:36

target for tomorrow which is the last

play11:40

Target last Target for tomorrow last

play11:43

Target for tomorrow and uh as I already

play11:47

told you that I'm holding one stock big

play11:49

quantity for uh 21st and today also it

play11:53

closed exactly at my price so there was

play11:56

no loss but I don't want to exit that

play11:58

stock I want to give one more day

play11:59

tomorrow let's see if if it gives money

play12:02

then it's a good money otherwise no

play12:04

problem I'll I'll lose roughly around

play12:05

75,000 to you know 1 lakh that's not a

play12:08

problem because last year the same time

play12:11

same price action uh you know same uh

play12:14

time cycle gave roughly around 38 lakhs

play12:17

profit with a stop- loss of 2 lakhs

play12:20

let's see fingers crossed for tomorrow

play12:22

for that particular counter let's see

play12:26

what it's going to do tomorrow okay

play12:28

thanks a lot uh nothing more D in this

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video again saying I'm not a c

play12:30

registered investment adviser so kindly

play12:32

do your homework or consult your

play12:33

financial advices before taking any

play12:35

financial decision don't think about you

play12:38

know very big about you know Gan course

play12:40

you know Advanced course and all simple

play12:42

simple time cycle will do wonders we'll

play12:45

do wonders you need to know how to be

play12:48

with the trend to capture the time cycle

play12:51

that is what you need to practice more

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and more and more and that is what uh

play12:54

for that you know you need mind

play12:55

management and that is what we do in our

play12:57

mind management technique uh you know uh

play13:00

more than three four sessions in a month

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where you can manage without any emotion

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and you can sit with the uh you know

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stock to capture that momentum today I

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exited I know two Lots at the when it

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tested I think 540 holding only one lot

play13:14

for tomorrow let's see what it's going

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to do tomorrow okay see you bye

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